Federal Tax Credits Set to Expire

We’re getting close to the end of the year, which means the federal tax credits on energy-efficient air conditioning equipment are about to expire.

Here’s some information on the tax credit we’re seeing most people take advantage of here in San Antonio. You can get a $300 tax credit for purchasing a 16-SEER/13-EER or higher unit that qualifies. The higher the SEER (Seasonal energy efficiency ratio) rating, the more money you’ll save on your electric bill, as well.

There are plenty of other tax credits available. For instance, you can get a credit for 10% of the cost of a qualified insulation job, up to $500. Here’s a list of all the tax credits that are about to expire.

(Ben Hubbert is the co-owner and president of Champion AC, an air conditioning and heating company in San Antonio, Texas. Connect with Ben on Google+.)